Following Nvidia's impressive quarterly results and outlook, analysts have revised their financial projections and price targets for the company, despite some observers having no position in the stock. The FY 2025 revenue estimates for Nvidia have been increased by 4.5%, from $99.8 billion to $104.3 billion. Additionally, several investment firms have significantly raised their price targets for Nvidia's stock. Bernstein now sees the stock reaching $1,000, up from $700. Stifel raised its target from $865 to $910, while Morgan Stanley adjusted its target from $750 to $795. KeyBanc has the highest projection, raising its target from $740 to $1,100. This has led to a bullish sentiment among investors today.
No position, but am somewhat surprised after that amazing Q/outlook, FY 2025 revenue estimates for $NVDA are being raised only 4.5% (from $99.8B to $104.3B).
$NVDA bulls today https://t.co/dhkZkPEGcp
$NVDA top Price target is $1000 https://t.co/o1WYWuJfhs https://t.co/xDW7YOEUeM
Updated view of $NVDA earnings and sales via @marketsurge @IBDinvestors #IBDPartner https://t.co/b7pjEtri3M https://t.co/SjjTTodvIs
$NVDA Nvidia price target raised to $1,000 from $700 at Bernstein $NVDA Nvidia price target raised to $910 from $865 at Stifel $NVDA Nvidia price target raised to $795 from $750 at Morgan Stanley $NVDA Nvidia price target raised to $1,100 from $740 at KeyBanc $NVDA Nvidia price…